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Site Value Tax

The Central Statistics Office recently published the Household Finance and Consumption Survey 2018.  This is the only household survey that collects combined information on asset, income and debt levels of Irish households.  It provides us with a valuable data and insight into where wealth and assets are concentrated (both in terms of location and income deciles), and the levels of debt of Irish households. 

A Site Value Tax would be a fairer and more efficient way to generate additional government revenue than the current Local Property Tax, and it would also incentivise better use of land at a time when Ireland faces a significant housing and accommodation crisis.